The "Trump Top" in Oil

By Paul Kedrosky · Thursday, May 15, 2008 ·

My friend Doug Kass is calling a near-term "Trump top" in oil prices:

Trump waxed enthusiastically about oil on "Squawk Box today," saying that real estate is not the business to get into as a young man -- now it is energy.

And oil is off $4 from its peak prices, although that could change with word of an explosion and fire in Nigeria today.